2025 Compare Cities Housing:
Rio Rancho, NM vs Morristown, NJ

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Highlights
- The median age of a home in Rio Rancho is 150.0% younger than the median age of a home in Morristown.
 Rio Rancho, NMMorristown, NJUnited States
 Median Home Age24  Unlock42
 Median Home Cost  Unlock$728,200$338,100
 Home Appr. Last 12 months17.1%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock29.3%57.0%
 Home Appr. Last 10 yrs.77.7%  Unlock101.1%
 Property Tax Rate  Unlock$22.0$11.0
 Homes Owned75.5%  Unlock57.4%
 Housing Vacant  Unlock5.8%11.2%
 Homes Rented20.4%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Rio Rancho, NMMorristown, NJUnited States
 Average Rent  Unlock$2,960$1,840
 Studio Apartment$950  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,970$1,180
 2 Bedroom Home or Apartment$1,420  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$3,000$1,860
 4 Bedroom Home or Apartment$2,420  Unlock$2,160
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 Vacant Housing
 Rio Rancho, NMMorristown, NJUnited States
 Vacant For Rent  Unlock5.0%1.9%
 Vacant Rented0.2%  Unlock0.4%
 Vacant For Sale  Unlock0.2%0.7%
 Vacant Sold0.1%  Unlock0.4%
 Vacant Vacation  Unlock0.1%3.6%
 Vacant Other0.4%  Unlock4.1%
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 Owner-Occupied Housing Value
 Rio Rancho, NMMorristown, NJUnited States
 Less Than $20,000  Unlock0.0%2.6%
 $20,000 to $39,9990.4%  Unlock2.4%
 $40,000 to $59,999  Unlock0.0%2.8%
 $60,000 to $79,9990.8%  Unlock3.9%
 $80,000 to $99,999  Unlock0.0%4.5%
 $100,000 to $149,99914.2%  Unlock11.3%
 $150,000 to $199,999  Unlock0.0%13.0%
 $200,000 to $299,99935.3%  Unlock20.1%
 $300,000 to $399,999  Unlock23.0%13.6%
 $400,000 to $499,9994.6%  Unlock8.3%
 $500,000 to $749,999  Unlock28.7%9.7%
 $750,000 to $999,9990.5%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock4.3%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
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 Housing Units By Year Built
 Rio Rancho, NMMorristown, NJUnited States
 2015 and Newer0.3%  Unlock0.2%
 2010 to 2014  Unlock6.9%13.6%
 2000 to 200931.3%  Unlock13.6%
 1990 to 1999  Unlock8.1%13.6%
 1980 to 198920.1%  Unlock13.2%
 1970 to 1979  Unlock7.6%14.8%
 1960 to 196923.8%  Unlock13.6%
 1950 to 1959  Unlock14.9%10.0%
 1940 to 19490.2%  Unlock4.7%
 1939 or Earlier  Unlock26.6%12.2%
Reviews for Rio Rancho    21 Reviews

I have lived in the area for the past three years with my husband. Although vastly better than Albuquerque, this is not a safe area. We have had overt and petty crime on  More

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The pros: -Fairly good year-round weather. Sunny days outnumber cloudy days, there are days when the temps fall below freezing and the sun will still be shining. It's  More

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Over 5 years ago

Affordable housing, low crime (compared to Albuquerque), awesome weather with all 4 seasons, beautiful environment and some pretty awesome people. I love Rio Rancho,  More

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Reviews for Morristown    3 Reviews

Over 11 years ago

Morristown has great stores and restaurants. We love the easy access to NYC (50 minute train ride). Cost of living is pretty high (due to taxes) and the weather can be  More

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Hello all, I am new here was asked to comment on my area of the planet where I have lived for the last 12 years. Morristown is the county seat of Morris County. The  More

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Over 17 years ago

Morristown has a great variety of opportunities in many ways. A close 50 minute commute to Manhattan, it is very metropolitan while also has the best of suburban and  More

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